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Journalize the adjusting entry for bad debts at December 31, 2017, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of
Journalize the adjusting entry for bad debts at December 31, 2017, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $ 1,300 and the aging schedule indicates that total estimated bad debts will be $ 38,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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